Sacrifice for the Team
I think what Tim Duncan did this week deserves a shout out, a blog and an award. Rarely would you see a superstar cut his paycheck in half to keep the team intact and possibly get another crack at the title. I blogged yesterday why it is not all about the money. This Tim Duncan move is the classic example.
The massive pay cut Duncan took likely represents the last contract of his NBA career — from $21.16 million in 2011-12 to $9.65 million in 2012-13. It’s a move that helps the Spurs vie for a championship in his waning years nearly as much as Duncan’s play helped win titles at his peak.
And it didn’t go unnoticed by the great Mike Monroe of the San Antonio Express-News:
After being the third-highest paid player in the league last season, behind only Lakers star Kobe Bryant ($25.24 million) and Boston’s Kevin Garnett ($21.25 million), Duncan next season will be the fourth-highest paid Spur.
A two-time NBA Most Valuable Player, the 36-year-old Duncan will see his salary rise to $10.36 million for the 2013-14 season. The team captain is guaranteed $10 million for the 2014-15 season, but he has an opt-out clause.
Jim Collins in his book Good to Great said this:
Yes, compensation and incentives are important, but for very different reasons in good to great companies. The purpose of a compensation system should not be to get right behaviors from the wrong people, but to get the right people on the bus in the first place, and to keep them there.
Duncan’s new deal let the team re-sign guard Danny Green, keep Boris Diaw, take advantage of the last year of Jackson’s time with the Spurs, re-sign Patty Mills and add 2009 pick Nando De Colo. Duncan’s contract also puts the team in a good spot next summer, when it’s time to extend Manu Ginobili‘s contract, and possibly match offers for center Tiago Splitter, who will become a restricted free agent.
The sacrifice Duncan did might not guarantee a championship ring but this Duncan move sure made him a champion in my books.